8471 45th St NE Saint Michael, MN 55376

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4 beds · 2 baths · 1,688 sq ft · Lot Size: 58,370 sq ft · Single Family Home
Est. Property Value: $363,265

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8471 45th St NE is in the 55376 neighborhood of Saint Michael, MN. It is located in Wright County and ZIP code 55376. This Single Family Home was built in 1974 and is approximately 51 years old. The single family home spans 1688 sq ft with 4 bedrooms and 2 bathrooms and sits on a 58370 sq ft lot. According to public records, it was last sold in 2000 for $160,000 and has a tax-assessed value of $356,500, which is $215 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 8471 45th St NE Saint Michael, MN 55376 with Property Intel by Whitepages.

8471 45th St NE

Saint Michael, MN 55376

Owner Info

Owners & Occupancy for 8471 45th St NE

This property is owned by Peder C Torp. Owner contact information includes 3 phone numbers and 1 email address.

Property Owners

Cell Phone(763) ***-****View Cell Phone
Residence*****************
Landline(763) 422-4914
Distance from Property**********
Email Address***@nvbell.netView Email
Cell Phone(612) ***-****View Cell Phone
Residence*****************
Landline(763) 497-8391
Distance from Property**********
Email Address***@nvbell.netView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1********
Resident 2************* age 62
Resident 3************ age 65

Property Financials for 8471 45th St NE

8471 45th St NE, Saint Michael, MN has no known mortgage. The Wright county assessment for 2023 values it at $356,500, with annual taxes of $3,936.

Property Tax

Purchase DateJune 16, 2000
Property Tax Amount$3,936 in 2023
Purchase Price$160,000
Assessed Value$356,500 on 2023

Investment Potential for 8471 45th St NE

The property has a current estimated value of $363,265, which is 6% below the zip median, based on public records. It last sold on June 16, 2000 for $160K. Projected long-term
is $29,400 annually ($2,450 per month) with a 98% occupancy rate.

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Long-Term

Gross Rental
$29,400 per year($2,450 per month)
Net Operating Income
Cap Rate
Occupancy Rate
98%in 55376 zip code
 
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Property Details for 8471 45th St NE

Property Details

Property Sq Ft

Living Area

1,688 sq ft

31% below market

Lot Size

58,370 sq ft

308% above market

Price Per Sq Ft

Living Area

$215 / sq ft

36% above market

Lot Size Area

$6 / sq ft

76% below market

Property condition, age, exterior, etc. for 8471 45th …
Longitude: -93.716128 Latitude: 45.216542 Parcel Number (APN): 114-500-093101…

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Discover more single family homes near 8471 45th St NE in Saint Michael, Minnesota. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 8471 45th St NE in Wright County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$363,265
$410,298
-$47,033 (-11%)
YoY Price Change
Year Built
1974
1987
-13 years
Living Space
1,688 sq ft
2,316 sq ft
-628 (-27%)
$ Per Living Sq Ft
$215
$180
$36 (20%)
Lot Size
58,370 sq ft
14,246 sq ft
44124 (310%)
$ Per Lot Sq Ft
$6
$28
-$22 (-78%)

Net Operating Income
$19,241
-$354 (-2%)
Annual Revenue
$29,400
$31,200
-$1,800 (-6%)
$11,863
-$1,350 (-11%)
Net Operating Income
$19,241
-$354 (-2%)
Cap Rate
4.76%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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